Ogilvy UK offers voluntary retrenchment
Staff at Ogilvy UK were offered voluntary redundancy lately as part of the agency’s restructuring drive. Employees were given November 2 as their deadline.
If not many people take up the voluntary redundancy then chances are they will be forced to take compulsory ones.
Ogilvy UK attributed the redundancies to its transformation strategy which has seen it dismantle sub-brands such as Ogilvy & Mather, Ogilvy One and Ogilvy Public Relations in order to reshape itself as one combined agency.
John Cornwell, chief operations officer, said: “This offer of voluntary redundancy is the final stage in Ogilvy UK’s transformation journey. Our intent is to be as transparent as possible and provide our people with choices as we continue to reshape our business for the future.”
The announcement follows on from Ogilvy PR boss Michael Frohlich being elevated to chief executive in February, after which he took the lead on a “radical restructure of the agency” to bring it all under a single P&L. The push for voluntary redundancies factors into those efforts.
The agency has seen some major changes recently with the appointment of a new leadership team with in-house promotions. This was after the departure of the company’s leader Annette King who was later named Publicis UK chief executive in 2017.
The business has also seen the departure of a number of senior staff including: chief strategy officer Kevin Chesters; chief creative officers Mick Mahoney and Emma de la Fosse; Charlie Rudd who was chief client officer and chief production officer Clare Donald.
According to its own website, Ogilvy UK employees 1200 people.
MARKETING’s CMO Conference Returns with a Stellar Line-Up
Last year’s sold out conference is back! BIGGER, BETTER and with a NEW awards show to celebrate Malaysia’s best marketers.
Now in its 7th year, the Chief Marketing Officers Conference is a gathering of trailblazers in the Malaysian Marketing sphere.
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The change makers who will take the stage on the 16th of November include:
• Damien Crittenden, VP Client Strategy, Xaxis
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• Dato’ Dr.Hussamuddin Hj. Yaacub, Chairman CEO & Group MD, Karangkraf Media Group
• Lim Imun, General Manager-Marketing Munchworld
• Juliana Chua, GM of Marketing, Pavilion KL
• Tai Kam Leong, Head of Branding & Partnership, Maxis
• Rishi Pahwa, Head of Marketing, Wipro Ginvera Marketing Ent Sdn Bhd
• Schrene Goh, Head of Marketing (Global Market) Malaysia Airlines
• Kenny Wong, CMO Sunrise Berhad ….and more!
The 7th Malaysian CMO Conference & Awards
Date:16th November 2018
Venue: The Grand Ballroom, Sime Darby Convention Centre
For further details on the conference and awards visit: www.marketingmagazine.com.my/cmo2018/conference Or contact Amira/Ruby for further details: 03 7726 2588
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